We need to be able to recognize for what purpose we get news, probably for some purpose of manipulation, so we need to recognize how much this news can meet our expectations. News can influence the cryptocurrency market, this has always been the case, so it is worth following the news, but at the same time you need to be able to recognize how the market will react to it and how true this news may be, or perhaps it is fake.
And also it is very important to keep asking yourself why the particular news appeared at this particular time. Because timing could be a way to manipulate market as well, not only news itself. And when you put together and correlate the news and the time for those news. This would be quite helpful in understanding and analysing the situation in general.
It's rare for me to see that a newbie in crypto trading is able to earn a large amount of money even though his idea of crypto trading is not that broad, just because he found a good opportunity in the market, so he immediately got a nice and good profit here in the crypto space.
My experience was when I was just studying and didn't know anything about understanding trading here in the business industry. What I experienced was that I made money in 2017 in cryptocurrency because I joined the ICO, and the rewards that were paid to us were the project's token itself. When it was listed on the exchange, its value increased a little before dumping, so I immediately sold it, so I got a profit that could be considered huge at that time.